CIBC Sticks to Their Buy Rating for Canada Goose Holdings Inc (GOOS)


Yesterday, an analyst has provided a rating update for Canada Goose Holdings Inc (GOOS). Analyst Mark Petrie from CIBC remains bullish on the stock and has a C$95 price target.

Petrie has an average return of 61.3% when recommending Canada Goose Holdings Inc.

According to TipRanks.com, Petrie is ranked #322 out of 5167 analysts.

Read also: Wall Street Is Getting More Upbeat About Coty Inc (COTY) Stock; RBC Capital Reiterates a Buy

Currently, the analyst consensus on Canada Goose Holdings Inc is a Strong Buy with an average price target of C$87.43, a 27.7% upside from current levels. In a report issued on February 1, Barclays also reiterated a Buy rating on the stock with a C$94 price target.

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The company has a one-year high of C$95.58 and a one-year low of C$39.39. Currently, Canada Goose Holdings Inc has an average volume of 564.1K.

Canada Goose Holdings, Inc. designs, manufactures, distributes and retails outerwear for men, women and children. It operates through the Wholesale and Direct to Consumer segments.

The company’s shares closed on Thursday at C$68.46.

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